• GBP/AUD initially dipped on Friday but recovered some of the ground buying demand continued near 1.8400 level.
• The pair hit daily low at 1.8404, but recovered back , it was last up0.02% at 1.8493.
• Technical signals are bullishas RSI is at 56, daily momentum studies 5,9,21 DMA are trending north.
• Immediate resistance is located at 1.8540(Daily high ), any close above will push the pair towards 1.8579 (5DMA).
• Strong support is seen at 1.8404 (38.2%fib) and break below could take the pair towards 1.9237 (50%fib).
Recommendation: Good to buy around 1.8480 with stop loss of 1.8400 and target price of 1.8560


FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro- Major European Indices
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows 



